Raj Rajaratnam, contributor to the LTTE and Clintons campaign, is nabbed 17-10-09
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Uploaded by NationOfLions on Oct 17, 2009
Billionaire Raj Rajaratnam who contributed to TRO, the LTTE front and to Hilary Clintons campaign has been arrested in the United States.
Sri Lankan born Rajaratnam is accused of operating an elaborate insider trading operation which made him one of the wealthiest men in the United States with an estimated net worth of 1.3 Billion US Dollars. He has been arrested along with five others. Rajaratnam is accused of giving more than 3.5 Million Dollars to the Tamil Rehabilitation Organisation (TRO). It is revealed that he had chanelled funds to the LTTE through his Galleon Group Hedge Fund launched during the 2004 Tsunami. Rajaratnam and his wife were also major contributors to a number of democratic campaigns.
He had largely supported Hilary Clintons election campaign. In addition his associates formed a Tamil For Clinton Fund Raising Group for her Presidential campaign and sought her help in getting the Tamil tigers taken off the State Departments designated terror list. It was thereafter that Clinton said all terrorists cannot be treated alike.
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